by Dave
The 3 banks with the most exposure to Turkey:
- BBVA
- BNP Paribas
- Unicredit
I wouldn’t have any deposits in any of these 3. Run, don’t walk.
As for the rest of the EU banking system – it is “probably” of these things that won’t happen tomorrow – but you can watch the stock price of your bank, and if it starts to do particularly poorly, that’s a sign you should no longer have deposits there.
Local banks who don’t deal in derivatives and have a reasonable Texas Ratio are – probably – fine.
Texas Ratio = Nonperforming Assets / (tangible equity + loan loss reserves)
Here’s the texas ratios of the top 100 banks in the US (I know, you aren’t in the US…but still it was a fun chart):
http://www.bankregdata.com/allAQmet.asp?met=TXR
| # | INSTITUTION | SYMB | # EMP | TOTAL ASSETS | TANG EQ+LLR | ADJ NPAS | RATIO |
|---|---|---|---|---|---|---|---|
| 42 | Popular | BPOP | 7,356 | 47,224,563,000 | 5,282,385,000 | 2,158,964,000 | 40.87 |
| 70 | Sallie Mae Bank | 1,674 | 24,054,263,000 | 2,935,513,000 | 1,077,871,000 | 36.72 | |
| 29 | Discover Financial Services | DFS | 12,649 | 101,278,129,000 | 13,580,817,000 | 2,747,403,000 | 20.23 |
| 62 | Hancock Whitney Bank | HWC | 3,694 | 27,844,612,000 | 2,342,562,000 | 404,010,000 | 17.25 |
| 14 | SunTrust Bank | STI | 21,481 | 202,064,278,000 | 19,815,546,000 | 3,211,532,000 | 16.21 |
| 41 | E*TRADE Bank | ETFC | 231 | 49,117,596,000 | 3,377,264,000 | 458,165,000 | 13.57 |
| 32 | Synchrony Bank | SYF | 9,865 | 84,487,088,000 | 15,679,930,000 | 2,027,820,000 | 12.93 |
| 64 | Webster Bank | WBS | 3,367 | 27,044,965,000 | 2,215,485,000 | 283,148,000 | 12.78 |
| 28 | The Huntington National Bank | HBAN | 15,056 | 105,292,183,000 | 10,145,995,000 | 1,257,807,000 | 12.40 |
| 59 | Valley National Bank | VLY | 3,332 | 30,138,784,000 | 2,442,214,000 | 302,904,000 | 12.40 |
| 50 | TIAA Bank | EVER | 3,413 | 34,447,886,000 | 2,958,162,000 | 362,629,000 | 12.26 |
| 24 | M&T Bank Corporation | MTB | 16,669 | 121,788,758,000 | 11,639,184,000 | 1,400,626,000 | 12.03 |
| 89 | State Farm Bank | 1,919 | 16,967,030,000 | 1,951,107,000 | 229,492,000 | 11.76 | |
| 100 | Third Federal Savings and Loan of Clevel | TFSL | 1,040 | 13,900,244,000 | 1,553,522,000 | 178,781,000 | 11.51 |
| 53 | Barclays Bank Delaware | 3,708 | 32,736,361,000 | 5,158,420,000 | 581,110,000 | 11.27 | |
| 83 | Arvest Bank | 5,819 | 18,727,731,000 | 1,633,205,000 | 180,179,000 | 11.03 | |
| 3 | Wells Fargo & Company | WFC | 235,727 | 1,693,727,947,000 | 154,762,618,000 | 16,815,078,000 | 10.87 |
| 47 | First Tennessee Bank | FHN | 5,525 | 40,867,187,000 | 3,551,223,000 | 386,182,000 | 10.87 |
| 34 | Banco Santander | BSAC | 10,443 | 79,645,095,000 | 11,489,262,000 | 1,244,698,000 | 10.83 |
| 52 | Associated Bank | ASB | 4,825 | 33,604,879,000 | 2,833,225,000 | 300,878,000 | 10.62 |
| 5 | U.S. Bank | USB | 72,389 | 453,023,045,000 | 41,537,157,000 | 4,328,176,000 | 10.42 |
| 7 | PNC Bank | PNC | 53,044 | 368,950,936,000 | 31,163,752,000 | 3,214,619,000 | 10.32 |
| 17 | Citizens Financial Group | CFG | 17,674 | 159,514,812,000 | 14,668,624,000 | 1,509,910,000 | 10.29 |
| 23 | Regions Bank | RF | 20,257 | 123,635,085,000 | 12,723,613,000 | 1,302,566,000 | 10.24 |
| 72 | TCF National Bank | TCF | 5,364 | 23,198,143,000 | 2,377,798,000 | 241,280,000 | 10.15 |
| 19 | Fifth Third Bank | FITB | 18,125 | 138,847,391,000 | 15,584,086,000 | 1,579,574,000 | 10.14 |
| 31 | Compass Bank | BBVA | 10,038 | 87,739,409,000 | 8,119,406,000 | 819,144,000 | 10.09 |
| 86 | Old National Bank | ONB | 2,439 | 17,383,725,000 | 1,471,385,000 | 145,328,000 | 9.88 |
| 26 | Bank of Montreal | BMO | 11,567 | 113,240,660,000 | 13,018,831,000 | 1,272,406,000 | 9.77 |
| 91 | Simmons Bank | SFNC | 2,645 | 16,138,383,000 | 1,401,747,000 | 133,838,000 | 9.55 |
| 78 | Fulton Financial Corporation | FULT | 2,168 | 20,298,972,000 | 2,097,476,000 | 199,581,000 | 9.52 |
| 2 | Bank of America Corporation | BAC | 139,812 | 1,775,724,000,000 | 159,646,000,000 | 14,836,000,000 | 9.29 |
| 79 | Chemical Bank | CHFC | 3,187 | 20,249,168,000 | 1,693,050,000 | 157,262,000 | 9.29 |
| 80 | First National Bank of Omaha | FINN | 4,675 | 20,169,374,000 | 2,232,244,000 | 199,309,000 | 8.93 |
| 60 | Iberiabank | IBKC | 3,270 | 30,037,882,000 | 2,694,047,000 | 239,615,000 | 8.89 |
| 82 | United Bank | UBSI | 2,013 | 19,197,626,000 | 1,987,993,000 | 169,471,000 | 8.52 |
| 56 | Sterling National Bank | STL | 2,037 | 31,402,283,000 | 2,842,283,000 | 236,941,000 | 8.34 |
| 25 | American Express National Bank | AXP | 277 | 114,176,192,000 | 13,449,123,000 | 1,105,164,000 | 8.22 |
| 44 | People’s United Bank | PBCT | 5,419 | 44,302,248,000 | 3,780,708,000 | 307,269,000 | 8.13 |
| 46 | CIT Bank | CIT | 3,275 | 41,664,755,000 | 5,063,907,000 | 405,311,000 | 8.00 |
| 96 | Bank of Hope | HOPE | 1,504 | 14,869,532,000 | 1,767,585,000 | 141,471,000 | 8.00 |
| 49 | First-Citizens Bank & Trust Company | FCNCA | 6,657 | 34,911,613,000 | 3,328,150,000 | 265,821,000 | 7.99 |
| 6 | Capital One Financial | COF | 50,459 | 407,372,731,000 | 47,455,926,000 | 3,787,198,000 | 7.98 |
| 54 | First National Bank of Pennsylvania | FNB | 4,284 | 32,066,932,000 | 2,462,481,000 | 189,838,000 | 7.71 |
| 94 | MidFirst Bank | 2,472 | 15,379,715,000 | 1,679,668,000 | 128,884,000 | 7.67 | |
| 90 | Cathay Bank | CATY | 1,246 | 16,174,710,000 | 1,940,978,000 | 141,438,000 | 7.29 |
| 1 | JPMorgan Chase & Co. | JPM | 201,327 | 2,297,141,310,000 | 224,157,433,000 | 16,183,868,000 | 7.22 |
| 65 | Canadian Imperial Bank of Commerce | 1,676 | 26,638,908,000 | 2,591,236,000 | 181,512,000 | 7.00 | |
| 20 | KeyBank | KEY | 18,494 | 135,862,871,000 | 13,479,612,000 | 936,309,000 | 6.95 |
| 33 | USAA Federal Savings Bank | 7,198 | 82,551,971,000 | 8,240,522,000 | 559,891,000 | 6.79 | |
| 97 | First Midwest Bank | FMBI | 2,023 | 14,755,092,000 | 1,261,502,000 | 85,005,000 | 6.74 |
| 68 | Pacific Western Bank | PACW | 1,810 | 24,500,257,000 | 2,452,052,000 | 160,561,000 | 6.55 |
| 51 | BOKF | BOKF | 4,654 | 33,735,191,000 | 3,049,180,000 | 197,799,000 | 6.49 |
| 8 | Toronto-Dominion Bank | TD | 26,207 | 312,226,582,000 | 28,860,604,000 | 1,850,461,000 | 6.41 |
| 15 | HSBC Holdings PLC | 4,717 | 178,679,613,000 | 22,132,529,000 | 1,396,181,000 | 6.31 | |
| 55 | Synovus Bank | SNV | 4,226 | 31,625,463,000 | 3,467,236,000 | 216,077,000 | 6.23 |
| 36 | Zions Bank | ZBK | 10,148 | 66,254,848,000 | 7,025,127,000 | 433,037,000 | 6.16 |
| 57 | BankUnited | BKU | 1,753 | 31,283,407,000 | 3,308,558,000 | 200,943,000 | 6.07 |
| 4 | Citigroup | C | 165,284 | 1,398,144,004,000 | 143,788,728,000 | 8,716,624,000 | 6.06 |
| 93 | Washington Federal | WAFD | 1,869 | 15,774,522,000 | 1,796,710,000 | 108,877,000 | 6.06 |
| 11 | Branch Banking and Trust Company | BBT | 33,386 | 216,499,000,000 | 19,257,000,000 | 1,164,000,000 | 6.04 |
| 61 | Wintrust Financial Corporation | WTFC | 3,582 | 29,521,956,000 | 2,937,495,000 | 175,553,000 | 5.98 |
| 85 | Flagstar Bank | FBC | 3,682 | 18,070,568,000 | 1,783,754,000 | 104,632,000 | 5.87 |
| 88 | Bank of Hawaii | BOH | 2,173 | 17,096,331,000 | 1,268,298,000 | 73,368,000 | 5.78 |
| 81 | MB Financial Bank | MBFI | 3,383 | 19,907,489,000 | 2,041,044,000 | 117,532,000 | 5.76 |
| 69 | Commerce Bank | CBSH | 4,678 | 24,445,813,000 | 2,443,809,000 | 133,778,000 | 5.47 |
| 35 | Comerica Incorporated | CMA | 7,224 | 72,213,022,000 | 7,476,303,000 | 405,064,000 | 5.42 |
| 95 | Centennial Bank | HOMB | 1,767 | 14,904,936,000 | 1,693,189,000 | 91,483,000 | 5.40 |
| 58 | Frost Bank | CFR | 4,287 | 30,754,455,000 | 2,723,912,000 | 144,955,000 | 5.32 |
| 18 | Ally Bank | ALLY | 6,926 | 146,896,000,000 | 17,129,000,000 | 910,000,000 | 5.31 |
| 22 | MUFG Union Bank | MTU | 12,440 | 123,787,395,000 | 13,691,395,000 | 719,793,000 | 5.26 |
| 67 | Investors Bank | ISBC | 1,964 | 25,355,771,000 | 2,942,838,000 | 152,915,000 | 5.20 |
| 27 | BNP Paribas | 12,284 | 110,036,900,000 | 10,000,699,000 | 506,176,000 | 5.06 | |
| 71 | Pinnacle Bank | PNFP | 2,199 | 23,860,234,000 | 2,184,553,000 | 97,891,000 | 4.48 |
| 87 | BancorpSouth Bank | BXS | 4,366 | 17,228,315,000 | 1,564,968,000 | 69,482,000 | 4.44 |
| 43 | Signature Bank | SBNY | 1,359 | 45,215,484,000 | 4,360,929,000 | 191,893,000 | 4.40 |
| 76 | Western Alliance Bank | WAL | 1,796 | 21,411,866,000 | 2,286,228,000 | 99,848,000 | 4.37 |
| 98 | South State Bank | SSB | 2,654 | 14,562,897,000 | 1,416,971,000 | 61,498,000 | 4.34 |
| 63 | Texas Capital Bank | TCBI | 1,622 | 27,749,143,000 | 2,515,918,000 | 100,720,000 | 4.00 |
| 66 | Umpqua Bank | UMPQ | 4,036 | 26,502,151,000 | 2,643,692,000 | 105,212,000 | 3.98 |
| 37 | Silicon Valley Bank | SIVB | 2,580 | 55,073,093,000 | 4,355,627,000 | 165,757,000 | 3.81 |
| 77 | UMB Bank | UMBF | 2,767 | 20,314,652,000 | 1,815,251,000 | 63,477,000 | 3.50 |
| 39 | Royal Bank of Canada | RY | 4,810 | 53,062,254,000 | 4,418,278,000 | 152,976,000 | 3.46 |
| 48 | East West Bank | EWBC | 2,863 | 38,046,408,000 | 3,912,575,000 | 133,404,000 | 3.41 |
| 99 | City National Bank of Florida | 877 | 14,100,092,000 | 1,410,507,000 | 46,584,000 | 3.30 | |
| 75 | Bank OZK | OZK | 2,466 | 22,220,380,000 | 3,018,829,000 | 73,083,000 | 2.42 |
| 92 | Stifel Financial Corp. | SF | 206 | 15,885,269,000 | 1,160,716,000 | 27,632,000 | 2.38 |
| 73 | Raymond James Bank | RJF | 238 | 22,987,118,000 | 2,163,733,000 | 48,331,000 | 2.23 |
| 21 | The Northern Trust Company | NTRS | 18,030 | 134,656,952,000 | 8,867,334,000 | 173,395,000 | 1.96 |
| 84 | FirstBank | 2,589 | 18,208,771,000 | 1,571,197,000 | 27,126,000 | 1.73 | |
| 16 | Goldman Sachs Bank USA | GS | 1,606 | 177,468,000,000 | 26,947,000,000 | 415,000,000 | 1.54 |
| 74 | Prosperity Bank | PB | 3,044 | 22,559,336,000 | 2,071,218,000 | 31,395,000 | 1.52 |
| 40 | New York Community Bancorp | NYCB | 1,805 | 50,454,055,000 | 4,771,676,000 | 72,037,000 | 1.51 |
| 12 | Morgan Stanley | MS | 1,020 | 208,472,000,000 | 21,878,000,000 | 195,000,000 | 0.89 |
| 45 | Deutsche Bank Aktiengesellschaft | DB | 531 | 43,700,384,000 | 9,554,851,000 | 82,000,000 | 0.86 |
| 30 | First Republic Bank | FRC | 4,242 | 93,851,460,000 | 8,391,800,000 | 62,488,000 | 0.74 |
| 9 | Bank of New York Mellon Corporation | BK | 44,476 | 302,458,913,000 | 23,402,309,000 | 136,273,000 | 0.58 |
| 13 | Charles Schwab Bank | SCHW | 729 | 207,848,000,000 | 14,361,000,000 | 32,000,000 | 0.22 |
| 38 | UBS Bank USA | UBS | 382 | 54,066,956,000 | 5,788,977,000 | 5,666,000 | 0.10 |
| 10 | State Street Bank and Trust Company | STT | 32,187 | 245,244,124,000 | 16,415,238,000 | 15,030,000 | 0.09 |
I’m sure if you go into your local branch, and ask your branch manager about the bank’s Texas Ratio, they will be amused. Or maybe not. 🙂
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